Subject: End of subscription for the covered bonds with the aggregate principal amount of PLN 1,000,000,000 under the International Covered Bond Issuance Programme of PKO Bank Hipoteczny S.A.
Legal basis:
Art. 56.1(2) of the Act on Public Offer – current and periodic information; §16 of the Ordinance of the Minister of Finance of 29 March 2018 on current and periodic information provided by issuers of securities and on conditions under which information required by legal regulations of a non-member state may be recognized (current report).
Content:
In connection with the end of the subscription for series 12 covered bonds issued under the International Covered Bond Issuance Programme for the European market (EMTN) based on the Base Prospectus approved on 14 June 2023 by the Commission de Surveillance du Secteur Financier, as supplemented by the first supplement dated 4 October 2023 and the second supplement dated 8 March 2024, and the intention to have the covered bonds admitted to trading on the regulated market in Luxembourg and Warsaw, the Management Board of PKO Bank Hipoteczny S.A. with its registered office in Warsaw (the “Bank") hereby announces the following information:
1) start and end dates of the subscription: opening date: 15 March 2024, ending date: 15 March 2024.
2) the date of allotment of securities: 15 March 2024.
3) the number of securities covered by the subscription: 2,000.
4) reduction rate in specific tranches if at least in one of the tranches the number of allotted bonds was lower than the number of subscribed securities: the covered bonds are to be issued in one tranche with the reduction rate of 31.3%.
5) the number of securities subscribed for in the subscription: 3,473 units.
6) the number of securities allotted in the subscription: 2,000 units.
7) the subscription price of the securities: 100% of the principal amount, i.e., PLN 500,000 for each covered bond.
8) the number of persons who have subscribed for the securities in the subscription in particular tranches: 17.
9) the number of persons to whom the securities were allotted in the subscription in particular tranches: 16.
10) the names of the underwriters who have subscribed for securities in execution of the underwriting agreements, with an indication of the number of securities which they have subscribed for, together with the actual price per unit of the security, being the issue price, after deducting the consideration for subscribing for a unit of the security, in execution of the underwriting agreement, purchased by the underwriter: N/A.
11) the aggregate principal amount of the subscription, i.e., the product of the number of securities offered and the issue price: PLN 1,000,000,000 (in words: one billion zlotys).
12) the total costs which were recognized as the issuance costs: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
13) the average cost of subscription per one security: the Bank will disclose such information in an updated current report after it has received and accepted all the invoices connected with the issuance.
14) the method of payment for taken up securities: the payment will be made by wire transfer to the Bank’s account.
SIGNATURES OF COMPANY REPRESENTATIVES
18.03.2024 Piotr Jaworski, Vice President of the Management Board
18.03.2024 Piotr Kochanek, Vice President of the Management Board
Date: 18-03-2024, 13:45